US8972287B1ExpiredUtility

Multiple criteria buying and selling model

Individually held — no corporate assignee on recordPriority: Jun 3, 1991Filed: Feb 22, 2010Granted: Mar 3, 2015
Est. expiryJun 3, 2011(expired)· nominal 20-yr term from priority
G06Q 30/0615G06Q 30/0207G06Q 30/0605G06Q 30/06
87
PatentIndex Score
7
Cited by
757
References
9
Claims

Abstract

A system and method for aggregating demand is provided. At least one seller may sponsor a deal room to aggregate selling goods/services from a plurality of buyers. The demand aggregation system can include a dashboard for allowing the at least one seller to set up DealRooms, price curves, offers, products, customers, and/or customer groups, for example. The dashboard can include a plurality of wizards for configuring such information. The demand aggregation system can also include seller displays for notifying buyers of changes in prices relative to ship dates and times of order. The demand aggregation system can also include a predictive modeling and reporting function. An algorithm is employed to utilize product information to post a probability chart on a product price point.

Claims

exact text as granted — not AI-modified
What is claimed is: 
     
       1. A method for conducting business transactions, the method comprising:
 executing instructions stored in memory, the instructions executed by a processor to offer a plurality of deals for at least one of a product and service offered by at least one seller, wherein each of the plurality of deals is based on a plurality of criteria defined by the seller; 
 receiving, over a communications network, information corresponding to a plurality of buying criteria for a buyer for the at least one of a product and service; and 
 executing instructions stored in memory, the instruction executed by a processor to display a list of deals from amongst the plurality of deals that match the buying criteria of the buyer. 
 
     
     
       2. The method of  claim 1 , wherein each of the plurality of selling criteria includes an offering criteria that defines the limits of each of the plurality of selling criteria defined by the seller. 
     
     
       3. The method of  claim 2 , wherein each of the plurality of buying criteria includes an ordering criteria that defines the limits of each of the plurality of buying criteria. 
     
     
       4. The method of  claim 3 , wherein the list of deals from amongst the plurality of deals that match the buying criteria of the buyer are the deals that the ordering criteria of the buyer match the offering criteria of the seller. 
     
     
       5. The method of  claim 4 , wherein the seller can add additional selling criteria to each of the plurality of deals. 
     
     
       6. The method of  claim 1 , wherein each of the plurality of buying criteria includes an order criteria that defines the limits of each of the plurality of buying criteria. 
     
     
       7. The method of  claim 6 , wherein the list of deals from amongst the plurality of deals that match the buying criteria are the deals that match the ordering criteria of the buyer. 
     
     
       8. A method of conducting a business transaction, the method comprising:
 electronically offering a plurality of deals on at least one of a product and service for sale, each of said plurality of deals being based on different offering criteria than each other of said plurality of deals; 
 electronically searching the deals based on the product for sale based on a plurality of ordering criteria; 
 outputting a list of deals from the plurality of deals where offering criteria matches the ordering criteria; and 
 receiving a selection of one of the deals from the list of deals where offering criteria matches the ordering criteria. 
 
     
     
       9. A method for conducting a business transaction, the method comprising:
 executing instructions stored in memory, the instructions executed by a processor to offer a plurality of deals for at least one of a product and service offered by at least one seller; 
 receiving a plurality of selling criteria by a seller for the at least one of a product and service; and 
 executing instructions stored in memory, the instruction executed by a processor to display a list of deals from amongst the plurality of deals that match the selling criteria of the seller.

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